House buy in Philmont New York
Calling old home lovers and Hudson Valley investors! This grand, four-family building in the charming village of Philmont is the ultimate opportunity to sit back and effortlessly collect rent while living in a unit yourself if you wish. Just a 15 minute drive to Hudson, NY and a short walk to the center of Philmont and High Falls Conservation Area, the spacious yard and quiet, natural setting sets this lot and nature-driven location apart. The Hawthorne Valley Waldorf School and Farm Store is under 7 minutes East by car, optimal for families and local cuisine enthusiasts. This well kept building is currently fully occupied with fabulous tenants, always up to date on their rent. There's a two-floor workshop on the property as well, with the possibility of adding a 5th unit. Plenty of parking for up to 6 or 7 cars. 8.41 Cap rate on market rents. With an 18% cash on cash return. Ref: 36112-139858